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model. We then turn to models of individual earnings that are based on wages, employment, job mobility, and hours. These … influence earnings through employment, job mobility, general productivity, or hours. Finally, we consider models of lifetime …
Persistent link: https://www.econbiz.de/10013210123
their participation and wages. We show that the slowdown in participation and wage growth was concentrated among women …-2005 particularly for college women. The model can also account for the rise in the gender wage gap for college graduates relative to …
Persistent link: https://www.econbiz.de/10012814450
and examines whether the US fulfills these criterion. The US's employment and productivity performance make it a … workers, continued full employment will greatly strengthen the case for the US as peak economy. But with anything less than … full employment the US economy will lose its luster. Even if this occurs, however, the US record in employing women and …
Persistent link: https://www.econbiz.de/10012470993
We use comparable micro data sets for the U.S. and Canada to study the responses of young workers to the external labor market forces that have affected the two countries over the past 25 years. We find that young workers adjust to changes in labor market opportunities through a variety of...
Persistent link: https://www.econbiz.de/10012472671
dispersion between firms in the average wages they pay, and how much is due to rising wage dispersion among workers within firms …? Similarly, how did rising inequality affect the wage earnings of different types of workers working for the same employer …. Furthermore, the wage gap between the most highly paid employees within these firms (CEOs and high level executives) and the …
Persistent link: https://www.econbiz.de/10012457468
This paper proposes an econometric methodology to deal with life cycle earnings and mobility among discrete earnings classes. First, we use panel data on male log earnings to estimate an earnings function with permanent and serially correlated transitory components due to both measured and...
Persistent link: https://www.econbiz.de/10012478979
We take advantage of our longitudinal data to explore individual variation in the parameters of individual earnings functions. (1) For this purpose we fit an earnings function to each of the individual histories in the sample.(2) We then try to ascertain the extent to which the estimated...
Persistent link: https://www.econbiz.de/10012478986
Recent development of explicit theoretical and empirical earnings functions from life cycle human capital investment models increases the potential to explain existing earnings distributions and to predict changes in it. The purpose of this paper is to suggest how these earnings functions can be...
Persistent link: https://www.econbiz.de/10012479116
This paper develops and estimates a two-factor model of intergenerational skill transmission when earnings inequality reflects differences in individual skills and other non-skill shocks. We consider heterogeneity in both initial skills and skill growth rates, allowing variation in skill growth...
Persistent link: https://www.econbiz.de/10012482360
This paper provides an introduction to the special issue of the Review of Economic Dynamics on "Cross Sectional Facts for Macroeconomists''. The issue documents, for nine countries, the level and the evolution, over time and over the life cycle, of several dimensions of economic inequality,...
Persistent link: https://www.econbiz.de/10012463095